This example will show you the operations for all four 2 bit values:
10 | 12
1010 #decimal 10
1100 #decimal 12
1110 #result = 14
10 & 12
1010 #decimal 10
1100 #decimal 12
1000 #result = 8
Here is one example of usage:
x = raw_input('Enter a number:')
print 'x is %s.' % ('even', 'odd')[x&1]